Energenx Enters Into Agreement With Renaissance Charge to Undertake Test Market on...

Tue Apr 8, 2008 2:28pm EDT
 
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Energenx Enters Into Agreement With Renaissance Charge to Undertake Test
Market on First Three Products

POST FALLS, Idaho, April 8, 2008 /PRNewswire-FirstCall/ -- Energenx, Inc.
(OTC Bulletin Board: EENX), an Idaho-based electronics company engaged in the
development of innovative battery charging technology, announced today that it
entered into an agreement with Renaissance Charge, LLC to launch a test
marketing program for three innovative products.  The first product, currently
available, is the model RC-2A12-2, a 12-volt lead-acid battery charger with
rejuvenating characteristics.  The product is designed to improve
electrochemical energy transfer in the battery; extend the lives of new
batteries, and increase the capacity of older batteries, previously unable to
be adequately charged by conventional means. Rick Friedrich, of Renaissance
Charge, states that, "The preliminary results, as of this date validate that
this new technology can significantly reduce both the costs and the
environmental impacts of prematurely discarding highly sulfated batteries."
John Bedini, VP of Research & Development at Energenx, Inc. echoed his
enthusiasm, "As a company committed to the discovery, research and development
of battery charging systems, we are very encouraged with the initial results
of the test marketing and the feedback of the individuals currently using the
new Energenx charging systems.  The initial data validates the new technology
in the field and confirms that consumers will help to reduce the amount of
unnecessary waste of premature recycling."  Interested parties can receive
more information on these products at both
www.r-charge.com and www.energenx.com. Energenx is looking
forward to expanding the test market program with Renaissance Charge and
making the transition into commercial sales, marketing, and distribution
program.
    This press release may contain forward-looking statements that involve
risks and uncertainties that could cause actual events or results to differ
materially from the events or results described in the forward-looking
statements, including risks or uncertainties related to the ability of
Energenx to raise substantial additional financing, to complete clinical
development of Energenx products, and the ability of the company to
successfully develop and market Energenx products and technologies. These
statements represent the judgment of management as of this date and are
subject to risks and uncertainties that could materially affect the company.
Energenx undertakes no obligation to publicly release the results of any
revisions to such forward-looking statements that may be made to reflect
recent events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
SOURCE  Energenx, Inc.

Gary Bedini, Pres. & CEO, Corporate Communications of Energenx, Inc.,
+1-208-665-5583, fax, +1-208-665-5557

 

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